# 3 bedroom house for sale (CM2 8XH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 PETREL WAY, CHELMSFORD, ESSEX CM2 8XH |
| Price | £300,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £297,500 May 2024 |

## Description

**  NO ONWARD CHAIN  **  A three bedroom mid terraced family home WHICH DOES REQUIRE MODERNISATION. The property has been slightly extended to the rear elevation which has added a ground floor shower/cloakroom and lobby area. It is situated in a quiet cul de sac position with parking and garage immediately to the rear and a manageable southerly facing rear garden. Ground floor: PORCH, GOOD SIZE SITTING ROOM WITH OPEN ASPECT TO DINING ROOM, KITCHEN, LOBBY AREA AND SHOWER/CLOAKROOM. First floor: THREE GOOD SIZE BEDROOMS, BATHROOM, SEPARATE WC.  It has gas radiator heating and upvc double glazing.

**Locality Information** - There are excellent schools in close proximity which includes Moulsham Infants, Junior and High Schools. Moulsham High School was granted Academy status in 2012. Mildmay Junior School, Mildmay Infant and Nursery School and the Fledgelings Preschool are also close by.

There is a convenience store within walking distance, in addition to other amenities close by to include doctors and dentists surgeries. 

There are regular bus services in to the city centre which enjoys the mainline railway station to London and a wealth of shopping and recreational facilities, bars and restaurants. The A12, A414 and road links to Stansted airport are easily accessible.

**Entrance Porch** - Upvc double glazed entrance door to porch. Upvc double glazed windows and door to sitting room.

**Sitting Room** - 4.62 including stair recess x 4.15 (15'1" includin - Radiator, upvc double glazed window to front, stairs to first floor, open aspect through to dining room.

**Further View** - 

**Dining Room** - 4.30 including lobby area x 2.57 (14'1" including - The main dining area is 9'7 x 8'5.

Radiator, deep under stair cupboard, door to kitchen, folding doors to shower/cloakroom, opaque upvc double glazed door to rear garden.

**Additional View** - 

**Kitchen (Needs Updating)** - 3.89 x 2.01 (12'9" x 6'7") - Good range of worktop space with ample drawers, cupboards below and eye level cabinets above, inset gas four ring hob, oven/grill, extractor hood above, wall mounted Worcester boiler which we have been informed was installed in circa 2020, upvc double glazed window to rear.

**Reverse View** - 

**Shower Room/Cloakroom** - 2.09 x 1.76 (6'10" x 5'9") - White suite comprising low level wc, pedestal wash hand basin, shower unit, tiled flooring, fully tiled walls, dual aspect upvc double glazed windows.

**Landing** - Access to roof space, airing cupboard.

**Bedroom One** - 4.40 x 2.73 (14'5" x 8'11") - Radiator, built in single wardrobe, upvc double glazed window to front.

**Built In Wardrobe** - 

**Bedroom Two** - 3.04 x 2.29 (9'11" x 7'6") - Radiator, built in single wardrobe, upvc double glazed window to rear.

**Built In Wardrobe** - 

**Bedroom Three** - 3.48 maximum x 1.84 (11'5" maximum x 6'0") - Radiator, over stair cupboard, upvc double glazed window to front.

**Bathroom (Needs Updating)** - Cast iron bath with tiled wall surround, pedestal wash hand basin, radiator, opaque upvc double glazed window to rear.

**Separate Wc** - Low level wc, opaque upvc double glazed window to rear.

**Outside** - The front garden has an open plan design and pathway to entrance porch.

**Southerly Facing Rear Garden** - The manageable garden is enclosed by fenced boundaries and has a wrought iron gate to rear leading to the parking space and garage.

**Rear Elevation** - 

**Parking And Garage To Rear** - The parking and garage are located immediately to the rear of the property and are access via a service road.

## Property Photos

- ![FT1.JPG](/listings/photos/142285478/549069) - FT1.JPG
- ![Photo](/listings/photos/142285478/549070)
- ![Photo](/listings/photos/142285478/549071)
- ![Photo](/listings/photos/142285478/549072)
- ![ENTRANCE PORCH](/listings/photos/142285478/549073) - ENTRANCE PORCH
- ![SITTING ROOM](/listings/photos/142285478/549074) - SITTING ROOM
- ![FURTHER VIEW](/listings/photos/142285478/549075) - FURTHER VIEW
- ![DINING ROOM](/listings/photos/142285478/549076) - DINING ROOM
- ![ADDITIONAL VIEW](/listings/photos/142285478/549077) - ADDITIONAL VIEW
- ![REVERSE VIEW](/listings/photos/142285478/549078) - REVERSE VIEW
- ![LANDING](/listings/photos/142285478/549079) - LANDING
- ![BEDROOM ONE](/listings/photos/142285478/549080) - BEDROOM ONE
- ![BUILT IN WARDROBE](/listings/photos/142285478/549081) - BUILT IN WARDROBE
- ![BEDROOM TWO](/listings/photos/142285478/549082) - BEDROOM TWO
- ![BUILT IN WARDROBE](/listings/photos/142285478/549083) - BUILT IN WARDROBE
- ![BEDROOM THREE](/listings/photos/142285478/549084) - BEDROOM THREE
- ![BATHROOM (needs updating)](/listings/photos/142285478/549085) - BATHROOM (needs updating)
- ![SEPARATE WC](/listings/photos/142285478/549086) - SEPARATE WC
- ![SOUTHERLY FACING REAR GARDEN](/listings/photos/142285478/549087) - SOUTHERLY FACING REAR GARDEN
- ![PARKING AND GARAGE TO REAR](/listings/photos/142285478/549088) - PARKING AND GARAGE TO REAR
- ![Photo](/listings/photos/142285478/549089)

## Floorplans

- ![Floorplan 1](/listings/photos/142285478/549090) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/142285478/549091) - EE Rating

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #1726411
- **Address:** 4 Petrel Way, CHELMSFORD, CM2 8XH
- **Certificate Issued:** 24/05/2004
- **Work Completed:** 28/04/2004
- **Items:** 9 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 PETREL WAY, CHELMSFORD, ESSEX, CM2 8XH | £297,500 | 30/05/2024 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 43 PETREL WAY, CHELMSFORD, ESSEX, CM2 8XH | £430,000 | 19/05/2022 | Semi-detached |

**Street average:** £430,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £6,879,330 (5 Other, CM2, 2024–2026)
- **Deviation:** -95.6%

## Rental Range

*ONS Price Index of Private Rents (Chelmsford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,298/mo
- **Realistic:** £1,442/mo
- **Optimistic:** £1,586/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed End Terrace, Heath Drive, CM2 | £1,650/mo | 3 | 0.37 miles | OpenRent |
| 3 Bed Detached House, Longstomps Avenue, CM2 | £1,900/mo | 3 | 0.7 miles | OpenRent |

**Average rent: £1,775/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.59% (weak for cashflow)
- **Max investor price (0.8%):** £221,875
- **Target investor price (1%):** £177,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,775/mo).*

- **Gross yield:** 7.1%
- **Cost-to-rent:** 14.1×
- **Monthly cashflow:** £391/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 147.3%
- **10y growth:** -18.5%

## House Price Index (HM Land Registry)

*Official index for Chelmsford; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.5%
- **5y growth (index):** 10.2%
- **10y growth (index):** 28.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)